ROVOP Sees Success Despite Downturn
Independent subsea remotely operated vehicle (ROV) service provider ROVOP has announced contract wins worth more than $4 million spanning oil and gas and offshore wind projects in the North Sea, Gulf of Mexico, West Africa and Europe.
The contracts are with several new clients across a number of sectors and include construction support, cable lay and protection, survey and inspection repair and maintenance (IRM).
CEO of ROVOP, Steven Gray, said, “As a result of these awards, we are increasing our offshore workforce across both Aberdeen and Houston. It’s clear that the market remains challenging, however ROVOP continues to win work by focusing on saving cost for our customer.”
Gray added, “The continued prolonged market downturn has been significant. However, this downturn will undoubtedly create opportunity for those companies who address the current challenges and adapt to the new market environment. This flexible approach, along with looking to increase cost efficiencies to clients should ensure we continue to be well positioned in our target markets going forward.”